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Bullboard - Stock Discussion Forum CloudMD Software & Services Inc V.DOC

Alternate Symbol(s):  DOCRF

CloudMD Software & Services Inc. is a healthcare service provider. The Company operates through two divisions: Health and Wellness Services (HWS) and Health and Productivity Solutions (HPS). HWS operates through two models: subscription-based pricing using a price per member per month with an average contractual term of three years; and a per-case billing model at an agreed-upon rate for... see more

TSXV:DOC - Post Discussion

CloudMD Software & Services Inc > CLOUD MD-Another Black Eye for the Canadian Investment Envir
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Post by WinterBaron on Jun 07, 2024 12:36pm

CLOUD MD-Another Black Eye for the Canadian Investment Envir

The following email was sent to CloudMD a short time ago.
It will change absolutely nothing.
Unfortunately, it does speak to too common norms in Canada's securities exchanges.
==================================

Today I received the Special Meeting materials and voted on-line.
Needless to say, the negative financial realities at Cloud MD are disgusting and disturbingly at odds with the "apparent" publicly presented positive developments presented by Karen Adams et al since approximately January of this year.
Regrettably, the weak Canadian securities regulatory and enforcement environment permits, perhaps encourages, mis-management and incompetent operational/financial practices that appear to border upon theft and fraud.
Just as importantly it demonstrates "Again" why investment in Canadian companies are so much more risky than in more mature, professional trading environments.
The reality is that I and most other small investors are cleaned out of some of our resources while you carry on collecting unearned incomes and Canadian companies collect another black eye in the global investment marketplace.
Sincerely,
xxxxxxxxxxx, Shareholder
Comment by Tuatara on Jun 07, 2024 1:10pm
Well said!
Comment by horseshoefalls on Jun 07, 2024 2:29pm
Agreed.  I think there are grounds for a lawsuit here and regulatory investigation.
Comment by PaperBoi222 on Jun 07, 2024 6:51pm
Let's go... Where do I sign up? Cheers PB 
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